Each day we provide a roundup of five stories from around the Web that our editors read and found noteworthy. Follow us on Twitter for updates throughout the day @digiday.
The Creative Technologist Fad: The ad agency world is in a painful transition to a world of digital media. That’s led to an influx of new roles in hierarchies that were pretty established for decades. One of those new roles is the elusive “creative technologist.” It was started with good intentions: to bridge the gap between the ideas people and the execution needed in digital. Tech folks have historically had a tough time within agency cultures. But the term “creative technologist” also became watered down, according to Wieden + Kennedy’s Igor Clark, himself a creative technologist. There are too many charlatans out there using the title for his taste — and it does a disservice to the real coders that agencies need. Wieden + Kennedy blog — Brian Morrissey @bmorrissey
Clutter? What Clutter?: Apparently no one, and especially not Wall Street, is listening to the naysayers, occupiers, or the press and people who say that too much easy money is being tossed at cash-ravenous tech companies. TriplePoint Capital, a company that funds big-name tech and social companies like Facebook, YouTube, and AppNexus just raised $1 billion in an economy so bad the government is shutting down post offices. Despite the fact that many startups aren’t making money for their investors, TriplePoint’s roster of funded companies is a stable of champion fillies. If your startup gets funded by TriplePoint, you’ll get to hawk your tech wares in a reception area that might have a Mark Zuckerberg or Brian O’Kelley skateboarding by. TriplePoint has enough blue-chip companies in its roster that it doesn’t need to do much more. But are there really that many worthy investments left out there? The ad tech and social media industries might be the only corner of the economy, perhaps in the world, where it isn’t a case of “it’s the economy, stupid.” That is, if you are a TriplePoint-funded company. MarketWatch — Carla Rover @carlarover
The Death of Deep-Packet Inspection: Having failed to gain traction with its controversial deep-packet inspection ad targeting technology, Phorm has raised yet another round of funding as it continues its elusive search for customers. After trials and talks with ISPs in the U.K. and the U.S. were nixed because of privacy concerns, the firm tried its luck first in Korea and then in Brazil. Despite one deployment with a Brazilian ISP, the company has yet to generate any revenue after five years in the market, though, perhaps signaling the death of ISP-level ad targeting altogether. PaidContent — Jack Marshall @JackMarshall
Tech’s Girl Shortage: There is a saying in China: Women hold up half the sky. Although it’s not part of the Chinese proverb, a woman working in the tech industry could certainly be forgiven for adding, “except if you happen to be standing in Silicon Valley.” In an interview, Marissa Mayer, a senior Google exec and one of the most powerful women in the tech industry, talks about why it’s important to recruit women into this world. Hint: it’s not just to satisfy affirmative action benchmarks. HuffPo — Anne Sherber
Dentsu’s support of a Black-owned podcast tries to do its part to fill the advertising inequity gap
The Dentsu-backed More Than That with Gia Peppers kicked off season 3 last week, featuring several major advertisers (and Dentsu clients) including Procter & Gamble, General Motors, Kroger and Mastercard.
The Athletic’s Sebastian Tomich is looking beyond ads and subscriptions to reach profitability
The Athletic's path to profitability is set for 2025, and to achieve this goal, chief commercial officer Sebastian Tomich is focused on more than just selling ads directly to prospective advertisers.
How newsroom unions intervene when members get laid off
Amid the recent wave of media layoffs, here are some of the ways newsroom unions are intervening.
SponsoredAdvertising predictions that will shake up the media industry in 2023
Chris Kelly, CEO, Upwave Like many people, marketers and advertisers were ready to see 2022 come to a close. A year that started off promising was assailed by inflation, layoffs and the disastrous effects of RSV, the flu and additional COVID strains. Still, despite an uncertain outlook for 2023, there are plenty of reasons for […]
Despite Q1’s slow start, publishers are bullish about events revenue for 2023
Publishers like BDG and Apartment Therapy are banking on events revenue to give them a leg up in 2023.
Media Briefing: The case for and against monthly and annual subscriptions in the battle for retention
There are no one-size-fits-all solutions for improving retention in a subscriptions business. While annual subscribers might stick around longer for some, other publishers will have better luck with monthly plans.